1902, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1902, Lakepoint Tower
What is 1902 worth today?
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Source: Dubai Land Department. Updated 28 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 19th of 44
- Parking
- DMCC-0067
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 959K · October 2010
- Building
- Lakepoint Tower
About 1902, Lakepoint Tower
1902 is a one-bedroom apartment of 901 sqft on the 19th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 21 October 2010 for AED 959,033, or AED 1,064 per sqft, 34% above the AED 795 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 28 October 2022, is AED 40,800 a year: a gross yield of 4.3% on the 2010 price, before the service charge of about AED 11,500 a year.
Sales and rents for 1902 over time
1902 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Lakepoint Tower, and where 1902 sits
All 288 1-beds →1902 last sold in October 2010 at AED 1,064 per sqft, 34% above what one-beds in Lakepoint Tower were fetching at the time (AED 795). Over the last 12 months one-beds sold for AED 748,549 to 1,202,127, around AED 1,021 per sqft, and rent for AED 30,000 to 135,000 a year. 1902's AED 40,800 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
Lakepoint Tower
Building413 apartments, 1-bed to 3-bed over 44 floors in Jumeirah Lake Towers (JLT), completed in 2009 by GGICO. 29 sold in the last 12 months.
- Typical price per sqft
- AED 1,054 Up 9.1%
- Typical sale
- AED 1.01M
- Typical rent
- AED 72K /yr
- Typical yield
- 7.2%
Other units on the 19th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1903 | 1-bed | 973 sqft | AED 760KAED 760,000 · May 2013May 2013 | 73,500 /yr | |
| 1904 | 1-bed | 901 sqft | AED 1.14MAED 1,141,001 · Nov 2014November 2014 | 76,500 /yr | |
| 1905 | 2-bed | 1,405 sqft | AED 908KAED 907,781 · Jun 2010June 2010 | 92,500 /yr | |
| 1906 | 2-bed | 1,405 sqft | AED 1.05MAED 1,050,000 · Dec 2012December 2012 | 105,000 /yr | |
| 1907 | 1-bed | 901 sqft | AED 745KAED 744,950 · Feb 2011February 2011 | 73,000 /yr | |
| 1908 | 1-bed | 973 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 68,000 /yr | |
| 1909 | 1-bed | 901 sqft | AED 840KAED 840,000 · Jan 2016January 2016 | 68,250 /yr | |
| 1910 | 2-bed | 1,405 sqft | AED 1.26MAED 1,260,000 · May 2017May 2017 | 40,000 /yr |
1902, Lakepoint Tower in numbers
- Sold once: by GGICO on 21 October 2010 for AED 959,033, or AED 1,064 per sqft.
- Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 34,000 in 2021 and recovered to AED 40,800 by October 2022.
- At AED 40,800 a year the gross yield on the 2010 price is 4.3%, before a service charge of about AED 11,500 a year (AED 12.80 per sqft).
- One-beds in Lakepoint Tower sold for AED 748,549–1,202,127 in the 12 months to November 2026; the building's median across all types is AED 1,054 per sqft.
Source: Dubai Land Department. Updated 28 October 2022.
Questions about 1902, Lakepoint Tower
What did unit 1902 last sell for?
AED 959,033 on 21 October 2010, sold by the developer: AED 1,064 per sqft for 901 sqft. It is the only registered sale of the unit.
What is the rent for unit 1902?
AED 40,800 a year on the contract renewed on 28 October 2022. The previous contract, from October 2021, was AED 34,000; the unit has been rented since October 2014.
How big is unit 1902?
901 sqft (83.7 sqm): a one-bedroom apartment on the 19th floor of a 44-storey tower completed in 2009.
What is unit 1902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakepoint Tower sold for AED 748,549 to 1,202,127 in the last 12 months, around AED 1,021 per sqft.
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Mortgage on 1902, Lakepoint Tower
Starts from the last sale price (AED 959K, 21 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 959,033
- Deposit, UAE resident (20%)
- AED 191,807
- Deposit, non-resident (40%)
- AED 383,613
- Monthly over 25 years at 3.7%
- AED 3,924
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →